This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $72,285 initial cash invested.
0.2%
Cash On Cash
6.62%
Cap Rate
1.08
DSCR
$2,385
Rent
$12
Cashflow
Cash Flow
$2,385 income − $2,373 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,285
Downpayment
20%
$51,700
Closing costs
1%
$2,585
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,385
Total Expenses
$2,373
Mortgage P&I
55%
$1,319
Property Taxes
6%
$151
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262